75% listed Cos have Women Directors

Out of the 7756 listed companies in India, 5784 companies have appointed women Directors as on January 31, 2017, Bureaucracy Today has learnt.

The figure shows an increasing trend in percentage as compared to last year. As on March 28, 2016, out of a total of 7849 listed companies, 5807 companies had women Directors.

As per second proviso to sub-section (1) of section 149 of the Companies Act, 2013, prescribed class of companies must have at least one women director. As per Rule 3 of Companies (Appointment and Qualification of Directors) Rules 2014, every listed company and every other public company having paid up share capital of Rs 100 crore or more or having turnover of Rs 300 crore or more is required to appoint at least one woman director.